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    Buyer I - Irving, United States - Signet Jewelers

    Signet Jewelers
    Signet Jewelers Irving, United States

    2 weeks ago

    Default job background
    Full time
    Description

    JOB SUMMARY :

    The primary responsibility of the Associate Buyer is to help develop merchandise assortments and strategies to drive profitable category sales and productivity, while ensuring product value, quality, and styling. The Associate Buyer either directly manages a small category or assists a Sr. Buyer or above in managing a larger category. The Associate Buyer holds a leadership role within the category management team (CMT). Working within the CMT, the Associate Buyer partners closely with their manager to manage all aspects of assortment planning, selection, maintenance, and promotion, for designated product categories.

    MAJOR RESPONSIBILITIES/ESSENTIAL FUNCTIONS :

    Category Management

  • Give input as requested to set Strategic Vision for Category.
  • Ability to adjust quickly, if needed, to changing market trends, conditions, priorities, and corporate strategies.
  • Analyze and React to Business on a weekly basis.
  • Participate in the development of financial plans and advertising/marketing plans for designated product categories.

    • Product Development

  • Develop, select, test, price and acquire quality merchandise consistent with consumer demand, and in keeping with strategic department goals and policies.
  • Develop new product concepts/brands for test market(s), with potential for expanded store roll out.
  • Strategic handling of vendor base with ability to find and develop strong vendor partners.

    • Assortment / Inventory Management

  • Understand cost structure of product.
  • Help plan and manage merchandising assortments for e-commerce/web sites.
  • Work with Inventory Analyst to ensure proper in-stock levels.
  • Manage negotiations relating to the return of discontinued product(s) to appropriate supplier.
  • Negotiate annual purchasing agreement contracts with vendors.

    • Collaboration

  • Coordinate efforts with the marketing, visual display and advertising departments to promote and market key items, programs/brands and categories.
  • Partner with Sourcing on factory selection and cost negotiation.

    • POSITION QUALIFICATIONS :

    Education :

    Bachelor's Degree in Business, Fashion Merchandising or related field preferred

    Required or Acceptable Job-Related Experience :

    2+ years' experience prior buying experience

    Technical/Other Skills Required:

  • Computer skills with advanced knowledge of Microsoft Excel.
  • Strong communication skills (both written and verbal), negotiation skills, attention to detail and accuracy, organizational skills and ability to work with numbers and analyze data.

    • BENEFITS & PERKS :

  • Competitive healthcare, dental & vision insurance
  • 401(k) matching after one year of employment
  • Generous time off + company holidays
  • Merchandise discount
  • Learning & Development programs
  • Much more
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